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Economics ArticlesOf course with the recent bad news about the world’s economy, people will not just sit around and wait for miracles to happen. The crisis in the world economy has led economists to propose a new model for sustainable development. RIL Justifies Levy of Marketing Margin on Gas saleReliance Industries has justified the levy of marketing margin on gas sale saying it was essential to cover risks and costs incurred in marketing of gas. 
Gold's Trinune OpportunityIf there was ever a "perfect storm" on the horizon that would portend good things for gold, I'd say the coming months and years ahead fits that description. 
GLOBAL MELT DOWN -AN ECONOMIC DIMENSIONThe impact of the sub prime crisis along with a slowdown in mortgages has led to a significant lowering of growth estimates. Since the United States dominates the global economy, any slowdown there would have an impact on most of the global economic variables, For India, it could mean a further appreciation in the rupee vis-à-vis the US dollar and a darkening of business outlook for sectors dependent on US companies. Does The Down Economy Have An Upside?The down economy has not had the same economic effect on everything it has economically affected. Some have actually benefited. What is the recession and ways to prevent itArticle by Makhsudul Islam giving a description of what the recession is, how it occured, what the future holds and preventative measures to stop further global recession. 
A General Ledger view of the Individual, Society and GovernmentViewing the lifecycle of a human being through the prism of a General Ledger vis-a-vis the Society-at-large and the Government. This analysis may help to improve upon the current status quo of rights and responsibilites. What Is The Cause Of The World Recession?The origins of the recent recession can be found in the US and was due primarily to the collapse of the ‘sub-prime’ mortgage market. Banks leant borrowers money to buy homes even though they were deemed as a poor credit risk. In today's economy it's difficult to say what a sure thing isIn today's economy it's difficult to say what a sure thing is. We've all seen the schemes, scams, and get rich quick techniques in the past, seldom do they work. I do not trust anything that is reluctant to tell me what I am purchasing before I actually purchase it. You'll hear terms like "100% satisfaction guaranteed", "Start earning money today", and "try our simple and easy process". Reliance May Stop Gas Supply to Anil Ambani Company on PaymentsReliance Industries Ltd., India’s most valuable company, issued a notice to suspend gas supplies to Reliance Infrastructure Ltd for defaulting on payments. The notice, issued on Sept. 22, is for gas supplies from the KG-D6 field off the nation’s east coast to Reliance Infrastructure’s power plant in Andhra Pradesh state, Reliance Industries said in an e-mailed statement today.
An Inflation Bubble Is ComingAre you buying gold, even at $1,000 an ounce? You better being doing something to hedge against inflation because it's coming in a BIG WAY! OECD Tax Clampdown May Benefit SingaporeA recent news report in Channel News Asia's website stated that many high net worth individuals and enterprises may look towards Singapore to park their assets as the United States tightens the noose around the tax evaders. The traditional tax havens, which have long enjoyed the preference of the rich, are loosing the charm as their images have been tarnished. 
Transparency in the Management of Natural ResourcesGovernments of many developing countries often do not provide information about their revenues from natural resources which makes the end result a litany of corruption, social decay, increased poverty which can ultimately lead to state failure and the spread of instability across individual countries. NTPC may sign deal with RIL for natural gas at $4.20/mmbtuAfter a series of flip-flops, NTPC is likely to finally sign an agreement with Reliance Industries this week to buy government alloted natural gas at officially approved price of USD 4.20 per mmBtu.
A Golden Basement Floor?The US$ is in big trouble and the only question is how much trouble and how soon. One indicator could be the price of gold. No justification for NTPC’s Rs 32K cr savings talk: RILThe gas battle continues to rage. Reliance has reacted to National Thermal Power Corporation’s (NTPC) charge that NTPC will save Rs 32,000 crore if Mukesh Ambani led Reliance Industries Ltd (RIL) delivers gas at USD 2.34 per mmbtu. RIL’s sources have very categorically said that there is no justification for NTPC to talk about the savings of Rs 32,000 crore when it is buying gas at USD 11 per mmbtu when it can get gas at USD 4.2 per mmbtu from RIL’s KG D6 basin.
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